Tit for Tat: NJDRC Responds to PennEast’s Devastating Refutation
The New Jersey Division of the Rate Counsel (NJDRC) is a state government agency responsible for representing the interests of residents, businesses and other rate payers in dealing with regulated public utilities and insurance firms. In September the NJDRC filed a so-called analysis with the Federal Energy Regulatory Commission (FERC) slamming the need and cost recovery plan for the PennEast Pipeline–a $1 billion, 118-mile, primarily 36-inch pipeline that will get built from Dallas (Luzerne County), PA to Transco’s pipeline interconnection near Pennington (Mercer County), NJ. PennEast responded to the NJDRC’s analysis with an independent report written by Concentric Energy Advisors, rippping to shreds the arguments put forward by NJDRC (see PennEast Responds to NJDRC with Study Proving Pipeline is Needed). The humiliated NJDRC has responded, yet again, by filing a response to PennEast’s obliteration of their arguments with the Federal Energy Regulatory Commission…
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As we pointed out last week, the U.S. Army Corps of Engineers (USACE)–which is supposed to be an organization of, well, engineers–has gone hard-left political, no doubt under the direction of Lord Obama (see
For a number of years we’ve had our eye on Fairmont Brine Processing, headquartered in Fairmont, WV. We originally started writing about the company in 2010 when it was AOP Clearwater (see
The Federal Energy Regulatory Commission (FERC) has approved a 7.8 mile off-shoot pipeline from the mighty Millennium Pipeline in Orange County, NY that will feed a new natgas-fired electric plant being built in Wawayanda. The pipeline will supply 130 million cubic feet per day (MMcf/d) of Marcellus gas to feed the new power plant. This is the Competitive Power Ventures (CPV) $900 million plant being opposed by rich Hollywood actor James Cromwell, who lives near the plant site (see 
Nuverra Environmental Solutions is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. In January the company, going through tough economic times, was de-listed from the New York Stock Exchange (see
It was tough deciding on a headline for this post about Sunoco Logistics Partners third quarter 2016 update. In the end we opted to highlight the news that Mariner East 2–a $2.5 billion, 350-mile natural gas liquids (NGL) pipeline that will run from eastern Ohio through the state of Pennsylvania to the Marcus Hook refinery near Philadelphia, carting ethane, butane and propane to the facility from both the Utica and Marcellus region–will be delayed nine months from the original plan due to permit delays. Which is frustrating and disappointing. However, other important news was shared during yesterday’s update. On the earnings call Sunoco LP’s top brass said even though the prices Marcellus and Utica drillers get for their NGLs (natural gas liquids) is lower in the northeast than if they can cart it to the Gulf Coast, when you factor in transportation costs to get product to the Gulf, drillers end up making MORE money by selling their NGLs in the northeast via Sunoco’s Marcus Hook facility–$0.10 to $0.20 per barrel more. At least, that’s the claim made by Sunoco LP’s CEO Michael Hennigan…
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